At Godfrey Insurance in Selmer, TN, we help individuals and families plan for the future with annuities and life insurance solutions. Financial security is not just about protecting today—it’s about ensuring peace of mind for tomorrow. Our team works closely with clients to design policies that match long-term goals, whether that means providing for loved ones, creating retirement income, or building a legacy.
We take the time to explain every option in simple terms, so clients understand how each plan works and how it fits into their overall financial strategy. With over 30 years of experience, our team helps people navigate the complexities of life insurance and annuities while making the process straightforward and stress-free.
Call
(731) 645-5202 today to schedule a consultation and explore your life insurance and annuity options.
Why Annuities and Life Insurance Matter
Planning for the future is one of the most important steps clients can take to protect their families and finances. Annuities and life insurance provide financial security in different ways:
Life Insurance: Offers a safety net for families by paying a benefit in the event of the policyholder’s death. It can cover mortgage payments, debts, education costs, or other expenses.
Annuities: Provide a steady income stream during retirement, helping clients maintain their lifestyle and meet long-term financial goals.
We help clients understand how these products work together to create a balanced financial plan, protecting loved ones while preparing for retirement.
Life Insurance Coverage Options
Our team reviews different life insurance policies to find coverage that fits each client’s needs:
Term Life Insurance: Provides coverage for a set number of years. We help clients choose a term length and coverage amount that protects their family during critical periods.
Whole Life Insurance: Offers lifelong coverage with a cash value component that grows over time. We explain how premiums, benefits, and cash accumulation work to fit long-term goals.
Universal Life Insurance: Flexible coverage that allows clients to adjust premiums and death benefits. We guide clients on how to use this flexibility to meet changing financial needs.
By reviewing each option carefully, we make sure clients select a plan that balances protection and affordability.
Annuity Solutions
Annuities can be a key component of retirement planning. Our team helps clients explore:
Fixed Annuities
Provide predictable, guaranteed income. We show how these plans can secure a reliable financial foundation for retirement.
Variable Annuities
Allow investment growth based on market performance, giving clients potential for higher returns. We explain the risks and benefits so clients can make informed decisions.
Immediate Annuities
Convert a lump sum into a steady income stream, ideal for clients who are ready to start receiving payments.
Deferred Annuities
Grow funds over time and provide income in the future. We help clients plan contributions and payout schedules to match retirement goals.
We review annuity options alongside other financial priorities, ensuring clients maximize benefits while minimizing risks.
FAQs About Annuities and Life Insurance
How much life insurance do I need?
Coverage depends on your family’s needs, debts, and future expenses. We help clients calculate the right amount to provide financial security.
What is the difference between term and whole life insurance?
Term insurance provides coverage for a set period, while whole life lasts a lifetime and builds cash value. We review both to see which fits long-term goals.
How do annuities provide retirement income?
Annuities convert contributions into a guaranteed income stream. Our team explains payout options and timing to match retirement plans.
Can I combine life insurance and annuities in one plan?
Yes. We help clients structure coverage to protect their family while creating retirement income, ensuring both needs are met efficiently.
Get Started With Life Insurance and Annuities
At Godfrey Insurance, we simplify the process of planning for the future. From life insurance to annuities, we help clients choose coverage that aligns with their goals, protects loved ones, and supports retirement plans.
Call (731) 645-5202 today to schedule your free consultation, or visit our office in Selmer, TN, to meet our team in person.